Fairmont MN Multi Family for Sale

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Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
6584510
Subdivision:
Ramsdale

ADDITIONAL INFORMATION

Investment opportunity with 3 units, all with separate entrances. Sale includes adjacent vacant lot. Alley access to both properties for off-street parking. Electricity is metered separately. Owner pays for gas and water. Main floor: living room, dining room, kitchen, full bathroom, and 1 bedroom with passthrough to 2nd bedroom. Upstairs: Kitchen, Living room/Dining Room with balcony, full bathroom, 2 bedrooms, with adjoining door. Basement unit is a studio apartment with kitchen, 3/4 bathroom, and one large room for living and bedroom. Shared laundry for all units in basement. *NOTE: the Boiler lines froze which operate the main floor and upper floor heat-will need a new heating system. Basement level is baseboard electric heat. Property is being sold AS IS.

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Open House information is subject to change without notice. The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.




Fairmont Real Estate

The median home value in Fairmont, MN is $202,500. This is higher than the county median home value of $163,600. The national median home value is $338,100. The average price of homes sold in Fairmont, MN is $202,500. Approximately 62.47% of Fairmont homes are owned, compared to 29.77% rented, while 7.76% are vacant. Fairmont real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fairmont real estate agent to arrange a tour today!

Fairmont, Minnesota has a population of 10,465. Fairmont is less family-centric than the surrounding county with 25.42% of the households containing married families with children. The county average for households married with children is 25.79%.

The median household income in Fairmont, Minnesota is $52,975. The median household income for the surrounding county is $57,002 compared to the national median of $69,021. The median age of people living in Fairmont is 45.6 years.

Fairmont Weather

The average high temperature in July is 83 degrees, with an average low temperature in January of 5.4 degrees. The average rainfall is approximately 32.3 inches per year, with 42.8 inches of snow per year.

Fairmont Real Estate Market Conditions

  • Median sales price

    $202,500
    11.6% change since last quarter
  • # Active listings

    40
    30-day change

Fairmont Schools and Demographics

Education near Fairmont, MN

Metric City County
High School Graduates 92.22 93.32
College Degree - 2 year 14.1 13.08
College Degree - 4 year 23.27 21.56
Graduate Degree 5.82 4.92
Expenditures per Student 15,191 15,191
Students per Teacher 15.2 15.2

Elementary Schools near Fairmont, MN

School Grades Students P/T Ratio ZIP
Fairmont Elementary School PK - 06 899 14.8 56031
Sherburn Elementary School PK - 02 159 15.6 56171
Truman Elementary School PK - 06 98 8.3 56088
Welcome Elementary PK - KG 11 22 56181

Middle Schools near Fairmont, MN

School Grades Students P/T Ratio ZIP
Martin County West Junior High School 07 - 08 129 28 56171

High Schools near Fairmont, MN

School Grades Students P/T Ratio ZIP
Fairmont Junior/Senior High School 07 - 12 817 19.7 56031
Granada-Huntley East Chain Secondary 07 - 12 89 8.5 56039
Martin County West Senior High School 09 - 12 269 13.9 56171
Truman Secondary School 07 - 12 87 10.5 56088

Ungraded Schools near Fairmont, MN

School Grades Students P/T Ratio ZIP
Pathways KG - 12 2 2 56031
Positive Approach To Learning KG - 12 9 9 56181

Demographics near Fairmont, MN

Metric City County
Neighborhood Type Suburban
Population 10,465 20,070
Population Density 697 28
Median Age 45.6 45.2
People per Household 2.2 2.3
Median Household Income 52,975 57,002
Average Income per Capita 32,648 32,818